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Tag Archives: shares

Centerra Gold shares slide after Kyrgyzstan halts talks over Kumtor project

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BISHKEK/TORONTO — Kyrgyzstan’s government said on Tuesday it had stopped talks with Canada’s Centerra Gold on restructuring their joint Kumtor project because the current agreement “ran counter to the country’s national interests.” The decision, the latest twist in a drawn-out tussle over the mine’s fate, sent shares in Centerra sliding …

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Eldorado Gold Corp shares plunge 19% after company suspends most activities in Greece

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Over several years, Eldorado Gold Corp. earned a reputation for getting mines built in challenging countries where its rivals struggled. But in Greece, that reputation is being seriously tested. The Vancouver-based miner’s stock plunged 19 per cent to $3.53 on Tuesday after it announced the suspension of most of its …

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Chipotle Mexican Grill Inc shares jump after chain says it can regain lustre after food-safety crisis

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Chipotle Mexican Grill Inc. shares rose the most in more than five months on renewed optimism that the chain can bounce back from its food-safety crisis. Chipotle told analysts at an ICR conference in Orlando, Florida, that it can regain the trust of customers and restore its industry-leading restaurant margins, …

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Barrick Gold Corp shares are sinking this morning after warning of $3-billion writedown

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TORONTO — Barrick Gold Corp. shares were lower in pre-market trading, following its advance notice of a US$3-billion asset writedown. Barrick (TSX:ABX) says it will be writing down the value of its stalled Pascua-Lama mining project on the border of Chile and Argentina and its Pueblo Viejo gold operation in …

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Weight Watchers shares jump after Oprah announces she’s lost 26 pounds

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Weight Watchers International Inc. shares rose as much as 22 per cent after investor and spokeswoman Oprah Winfrey said she’s lost more weight using the program. “I lost 26 pounds, and I have eaten bread every single day,” the entertainment mogul said in a video posted to Twitter. This is …

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Bombardier Inc plans reverse stock split as shares dive to lowest level in 25 years: sources

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MONTREAL — Plane and train maker Bombardier Inc, whose stock has hit its lowest level in 25 years, will soon announce plans for a reverse stock split, two sources familiar with the matter said, in order to remain a part of Canada’s benchmark stock index. The sources, who are not …

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Extending flow-through shares to the technology sector: The whys and the why-nots

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If nothing else, opinion on extending the concept of flow-through shares to the technology/bio-technology sector — a theme that was the subject of a recent column — is mixed. Here are the comments from one reader who likes the idea that, if implemented would provide capital to companies and tax …

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Why flow-through shares should be extended to spur innovation funding

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For several years, participants in the technology sector have advocated extending the flow-through share program currently available to resource companies by making it available to the innovation sector. With the erosion of our manufacturing base and the commodity and energy downturn, the case for using flow-through shares to catalyze our …

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